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Maoyan Ent (01896.HK) cancelled the repurchase of 2.999 million shares on August 2.
Maoyan Entertainment (01896.HK) announced on August 2 that 2.999 million shares of repurchase shares will be cancelled on August 2, 2024.
Hong Kong stock market fluctuations | Maoyan Entertainment (01896) rose more than 4%. The total box office of the summer season exceeded 7.5 billion yuan. The company participated in the scheduled release of 15 films.
Maoyan Ent (01896) rose more than 4%. As of press time, it increased by 4.16% to HK$8.01 with a turnover of HK$10.2702 million.
Maoyan Entertainment (HKG:1896 Investor Five-year Losses Grow to 36% as the Stock Sheds HK$622m This Past Week
HK stock unusual movement | Maoyan Ent (01896) rose more than 3%, hot movies led the market to recover, summer box office broke through 6.5 billion.
Maoyan Ent (01896) rose more than 3%, as of press time, up 3.32% at HK$8.09, with a trading volume of HK$12,5777 million.
[Brokerage Focus] CICC International covers China Film Co., Ltd. for the first time, stating that box office revenue is expected to have a moderate growth in the next two years.
Jinwu CaiXun | CICC International stated that it is the first time covering the China film industry. Despite the continued rise of home entertainment, the bank has identified several trends in the Chinese film industry that support its prediction of a 6% year-on-year growth rate in box office revenue from 2024 to 2026. The bank has observed: (1) the audience, mainly composed of Generation Z, prefer more diverse and realistic content; (2) technological upgrades are providing cinema audiences with experiences that are hard to compare with home streaming services; and (3) domestic films are becoming increasingly popular, providing upstream production companies with more opportunities.
Maoyan Ent (01896.HK) repurchased 0.6 million shares for a total value of HKD 4.7131 million on July 25.
On July 25, Gelonhui reported that Maoyan Ent (01896.HK) announced it would repurchase 0.6 million shares at a cost of HKD 4.7131 million on July 25, 2024, with a repurchase price of HKD 7.83-7.91 per share.
Should Weakness in Maoyan Entertainment's (HKG:1896) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?No Data
